Topic: Investor Group on Climate Change

Institutional investors increasingly taking their own climate action | Emma Herd, CEO, IGCC

16 January 2020

Institutional investors increasingly taking their own climate action | Emma Herd, CEO, IGCC This article first appeared in The Age on 15 January 2020. For decades persistent scientific and economic warnings that Australia is on the frontline of climate change has fallen on too many deaf ears in Canberra. So it’s only natural that many Australians now hope that this devastating bushfire season will shake our leaders out of their apathy and open the door for a more constructive approach to climate change.

Cross-sector support for Victorian leadership on climate

18 December 2019

Six leading organisations representing Victorian workers, business, investors, community and the environment have joined forces for the first time to call for decisive and responsible Victorian Government action on climate change. The Victorian Chamber of Commerce and Industry, Australian Industry Group, the Investor Group on Climate Change, Victorian Trades Hall Council, the Victorian Council of Social Service and Environment Victoria developed the statement, urging the Victorian Government to reduce emissions and implement a plan to transition to a low-carbon economy.

Record 631 institutional investors managing more than $37 trillion in assets urge governments to step up ambition to tackle global climate crisis

9 December 2019

Largest-ever group of investors calls on governments to phase out thermal coal power worldwide, put a price on carbon, end subsidies for fossil fuels, and strengthen nationally-determined contributions MADRID – 631 institutional investors managing more than $37 trillion in assets urged governments to step up efforts to tackle the global climate crisis and achieve the goals of the Paris Agreement, in a joint statement issued today at the United Nations Climate Conference (COP25).

Australian Climate Roundtable Renews Joint Policy Principles

5 December 2019

As Australia and our international peers gather at the UN Climate Conference in Madrid, it is clear that the world is not yet on track to stay within the temperature limits set out in the Paris Agreement. Getting there will require more ambition and action around the world, including in Australia.

Investors: Long-term climate change strategies crucial for sustainable investment returns

2 December 2019

# and New Zealand* Governments must support a managed transition to net zero emissions and build resilience to the impacts of climate change.” “As nations gather in Spain for this year’s Climate Summit, investors are looking to governments to deliver on their commitments under the Paris Agreement, and develop long term plans to manage economic impacts of climate change and unlock new investment opportunities.”

The Australian extractive sector needs to be proactive in enabling Paris-aligned public policy

23 October 2019

The Australian extractive sector needs to be proactive in enabling Paris-aligned public policy In response to the Federal Opposition’s recommitment to a net-zero emissions target for 2050, Emma Herd, Chief Executive Officer of the Investor Group on Climate Change said: “We are seeing an increasing consensus among investors and the business community that a 2050 net-zero emissions target constitutes the responsible economic management needed to address systemic climate change risk.

Investor Group on Climate Change Commences 2019 Climate Change Finance and Investment Summit

14 October 2019

Today, the Investor Group on Climate Change (IGCC) kicks off the 2019 Climate Change Finance and Investment Summit, with around 300 finance and investment representatives from around Australia and the region gathering to discuss how they are managing climate change as a core financial risk. The theme of the IGCC 2019 Summit is: Catalysing Action on Climate Change.

Net zero emissions, science-based targets and world first sovereign green bond part of winning initiatives in IGCC 2019 Climate Awards

14 October 2019

Investor commitments to net zero emissions portfolios, science-based targets for infrastructure emissions and a first of its kind sovereign green bond for an emerging economy were all part of the initiatives recognised today at the inaugural Investor Group on Climate Change (IGCC) 2019 Climate Awards. The IGCC Climate Awards, launched for the first time in 2019 at the IGCC Summit, aim to highlight the work of Australian and New Zealand investors delivering outstanding outcomes on climate change.

Climate Action 100+ investors seek net zero business strategies through company engagement

2 October 2019

US$35 trillion Climate Action 100+ publishes first initiative progress report  –   Breakthrough commitments have been achieved, yet step change in broader corporate response to climate change is necessary given US$20 trillion systemic risk to global economy In the first Climate Action 100+ progress report released today, it is clear that despite significant progress achieved, far more needs to be done by the world’s largest corporate greenhouse gas (GHG) emitters in tackling climate change.

Record 515 institutional investors managing $35 trillion in assets urge governments to step up ambition to tackle climate change

19 September 2019

Largest-ever group of investors to call on governments to phase out thermal coal power worldwide, put a price on carbon pollution, end government subsidies for fossil fuels, update and strengthen nationally-determined contributions by 2020
  • New report finds more investor climate action than ever before — 1,200 investors took action on climate change in line with The Investor Agenda in its first year
September 19, 2019, NEW YORK:  Ahead of next week’s United Nations Climate Action Summit, a record 515 institutional investors managing $35 trillion in assets urged governments worldwide to step up action to tackle climate change and achieve the Paris Agreement’s goals.